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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (92911)6/30/2011 7:17:23 AM
From: shoreco  Read Replies (1) of 94695
 
I think the daily charts have corrected from the over sold conditions of the past weeks. The weekly charts have also had time to reset their indicators.

SPX daily
stockcharts.com

SPX weekly
stockcharts.com

Another interesting "similarity" I see in the VIX and the VXN from the end of February into the March low.

VIX
stockcharts.com

VXN
stockcharts.com

I would not be surprised to see new lows on all the indices over the next few weeks...

Happy 4th
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